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Santander to close 44 branches and put 291 jobs at risk
Santander plans to close 44 UK branches by 2027 due to a 96% shift to digital transactions, risking 291 jobs but maintaining in-person support via Community Bankers and Post Offices.
- Santander UK announced plans to close 44 branches across the UK, publishing a list with affected towns and closure dates.
- Santander said the move responds to customers increasingly banking online, with 96% of transactions now digital and branch transactions falling by 13% last year.
- Following the changes, the total network will consist of 305 branches including 244 full-service, 19 counter-free, 36 reduced-hour branches, six Work Cafés, and 111 Santander Locals.
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Santander UK, the British subsidiary of Banco Santander, continues with the thinning of its number of offices and announces the closure of 44 branches in the country, a decision that is part of the reorganization of its commercial network to adapt to the growing use of digital banking. Following these changes, the network will consist of 305 offices, a figure that includes 244 full service branches, 19 without counter, 36 spaces with reduced hou…
·Madrid, Spain
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Coverage Details
Total News Sources89
Leaning Left9Leaning Right7Center55Last UpdatedBias Distribution77% Center
Bias Distribution
- 77% of the sources are Center
77% Center
13%
C 77%
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